Home› Precious Metals
Options

silver broke thru $18 per ounce

chumleychumley Posts: 2,305 ✭✭✭✭
in Precious Metals
when was the last time that happened?

Comments

  • Options
    DoubleEagle59DoubleEagle59 Posts: 8,200 ✭✭✭✭✭
    silver chart
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • Options
    OPAOPA Posts: 17,104 ✭✭✭✭✭
    Originally posted by: chumley
    when was the last time that happened?


    Less than 2 years ago. It needs to break through $20 before I become excited again...BTW that also happened about 2 years ago.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Options
    TwoSides2aCoinTwoSides2aCoin Posts: 43,858 ✭✭✭✭✭
    The floor is about $15. It's not like it's gone through the roof, although money is still dug up when the price goes up.
  • Options
    rickoricko Posts: 98,724 ✭✭✭✭✭
    Seems to be stable... relatively speaking... for a while... Cheers, RickO
  • Options
    AcesCrackedAcesCracked Posts: 189 ✭✭
    Getting ready to go to 19.00 today.........
  • Options
    OPAOPA Posts: 17,104 ✭✭✭✭✭
    This recent run-up reminds me of the heydays of 2010 & 2011. image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Options
    pitbosspitboss Posts: 8,643 ✭✭✭
    The silver eagles with the W mint mark are selling real well now.

    I am thinking of pulling mine off eBay and holding them for the future.
  • Options
    DoubleEagle59DoubleEagle59 Posts: 8,200 ✭✭✭✭✭
    Originally posted by: pitboss
    The silver eagles with the W mint mark are selling real well now.

    I am thinking of pulling mine off eBay and holding them for the future.


    Excuse my silver eagle ignorance, but what does the 'W' mintmark add to the value?

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • Options
    pitbosspitboss Posts: 8,643 ✭✭✭
    They are much more rare than the bullion pieces. They also are in a box with a cert of auth.
  • Options
    georgiacop50georgiacop50 Posts: 2,909 ✭✭✭✭
    Originally posted by: pitboss

    They are much more rare than the bullion pieces. They also are in a box with a cert of auth.




    Oh my! "Rarer"... implies that the bullion pieces are "rare". Ridiculous!
  • Options
    AcesCrackedAcesCracked Posts: 189 ✭✭
    19.02 at 8:57CST
  • Options
    pitbosspitboss Posts: 8,643 ✭✭✭
    Originally posted by: georgiacop50
    Originally posted by: pitboss
    They are much more rare than the bullion pieces. They also are in a box with a cert of auth.


    Oh my! "Rarer"... implies that the bullion pieces are "rare". Ridiculous!


    There are so many million bullion silver eagles made that they are worth melt only whereas the "W" coins do carry a decent premium.
  • Options
    OPAOPA Posts: 17,104 ✭✭✭✭✭
    Originally posted by: pitboss
    Originally posted by: georgiacop50
    Originally posted by: pitboss
    They are much more rare than the bullion pieces. They also are in a box with a cert of auth.


    Oh my! "Rarer"... implies that the bullion pieces are "rare". Ridiculous!


    There are so many million bullion silver eagles made that they are worth melt only whereas the "W" coins do carry a decent premium.


    Nonsense...no ASE is worth only melt. There is a build in premium above melt for all bullion ASE's. After all, the Mint does not sell them at melt to the authorized buyers. I'll buy all the bullion ASE's from you at melt + 10 cents. BTW.. silver just broke thru $19
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Sign In or Register to comment.